Forbes Lists

Numbers

Valuation Breakdown

69.0,158.0,126.0,47.0

Sport9

$69 M

Market10

$158 M

Stadium11

$126 M

Brand12

$47 M

Profile

Since Josh Harris and David Blitzer purchased the Devils and operating company for the Prudential Center from Jeff Vanderbeek (who still owns a small stake) in 2013, the team's balance sheet has gotten much stronger and the income statement is near breakeven without the playoffs. Although the Devils finished last in the Metropolitan Division in 2016-17, their local television ratings on MSG+ increased 30% year-over-year, the third-biggest jump in the NHL. But attendance remains a concern. Last season the Devils ranked 27th in the league and have not cracked the top 25 since 2013-14 (24th). More »

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Revenue and operating income are for 2016-17 season and net of revenue sharing and arena debt service. All figures are in U.S. dollars.

Enterprise value of team based on current arena deal (unless new arena is pending).

Net of arena revenues used for debt payments.

Earnings before interest, taxes, depreciation and amortization.

Includes arena debts.

Includes benefits and bonuses.

Includes club seats.

Compares the number of wins per player payroll relative to the rest of the NHL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2016-17 season.

Local revenues divided by metro population with populations in two-team markets divided in half.

Portion of franchise's value attributable to revenue shared among all teams.

Portion of franchise's value attributable to its city and market size.